I bought 9 rentals in last two years. 8 of them are single family house in good area. In average it meets 1% rule. Now I have 10 loans on my name, my wife do not want any loan on her name. I already told her that I w...
I have a vacation rental going online next month and one thing I haven't completely figured out is the laundry on a short turnover. I was hoping to have my cleaners come and spend about 2 hours preparing the 2bd house...
Dear Pocketers,
How do you harden / bullet-proof your rentals?
While I've never had anyone utterly trash a rental of mine, I've seen the damage they can do first hand (typically when buying the rental and seeing ...
Hello BP! :)Just closed, with a group of investors and myself, on a 50+ unit apartment building.We have to rehab the whole thing over the next 18 months and my GC and I have a small bet on the counter-tops.I believe t...
I recently came across a small duplex that is FSBO in a ghetto. I've heard about the strong cash flow properties in low income areas can produce but I'm also aware of the downfalls of investing in not so favorable are...
On July 15, we went under contract on our 6th rental property. It's a townhouse and was listed for a day when our offer went in. It's in the same complex where we have two other units - offering on this one was a no...
I have had my duplex listed for about a month with little interest. I looked at RentOmeter and I think i am right in the middle with the price. I don't understand it; everyone is telling me it is the cold/snowy weat...
I house hacked by the room for 4 years. As a landlord I’ve had some situations I never thought I would experience.I would like to know the crazy stories of others. I definitely have improved a lot my screening process...
What special touches or amenities do you add when you renovate? I'm not talking about paint color or flooring until you do something special like an accent wall in red or cork floors. I have some upcoming projects, ...
I am going out on a limb here, and stating emphatically that NO LANDLORD should EVER pay for their Tenants Water Usage. Do you agree?
Here are my reasons:
1.) Personal Accountability: They use it, T...